Ben Bernanke
From Wikiquote
Ben Shalom Bernanke (born 1953-12-13) is the Chairman of the Board of Governors of the United States Federal Reserve.
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- There’s no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse
- "A Crash Course for Central Bankers," Foreign Policy (September/October 2000)
- The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.
- "A Crash Course for Central Bankers," Foreign Policy (September/October 2000)
- Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve System. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.
- "Remarks by Governor Ben S. Bernanke at the Conference to Honor Milton Friedman, University of Chicago, Chicago, Illinois," federalreserve.gov (2002-11-08)
- Commenting to Milton Friedman's public statement that the Great Depression was caused by the Federal Reserve Bank
